Based on historical, if TA is in the bull run, at least 100% from the lowest. The latest lowest 0.435, 100% will be 0.87. My short term target will be RM0.87.
TA holding 60.17% or 3,202,334,270 units TAGB. Market value: 3,202,334,270 units x RM0.35 = RM1,120,816,994
Total number of share- TA - 1,711,909,630 units Market value: 1,711,909,630 units x RM0.60 = RM1,027,145,778
By right, TA market value should exceed TAGB's RM1,120,816,994. Tony Tiah spent RM3million accumulate TAGB last week again. Why TAGB, not TA? If Tony Tiah buy TA, it almost reach 33% and trigger Mandatory General Offer (MGO). I dont think Tony want to make the MGO, and he feel very confident that Trump Hotel in vancouver will bring more earning for TAGB, so that he keep on buy TAGB.
TAGB share up, TA will follow. Plus, market sentiment is quite good, recent trading volumn surge will bring more money to TA securities.
TA & TAGB dropped a lot last 2 years due to make losses, mainly due to hotel refurbishment. However, company started make the profit since last 2 quarter, i believe the worst is over, plus grand opening trump hotel in vancouver Jan17 will bring more revenue to TAGB. With this catalyst, from 52 weeks low- RM0.435, want to move up 100% to RM0.88 is a matter of time.
Bullhunter,, Are you sure for SELL? Professor is here to shout BUY!! Any weakness serve as buying opportunity! Strong BUY suggestion to collect at 0.57/0.575, with TP remained at 0.63/0.635! Good Luck
Look at my previous comment, u will know that how TA is undervalued. Catalyst for TA, trading vol in bursa increase a lot, Tony keep on accumulate TAGB.
TLC316,,, Professor has already shouted TP for TA,,, Meaning when you see any red colour in price movement,,, You just need to close eyes and click buy,,, Make sure after you bought you can pick and hold on to it,,, The technical reading shows professor with very solid data,,, Once the mentioned TP arrive, professor will restudy and may consider uplift the TP again,,, Same thing goes to TAGB! Good Luck
TA starts to inch up again after a week of consolidation. It is good that some consolidation took place to clear off the possible sellers and contra players.
DATUK TIAH THEE KIAN average price could be above RM0.73, now is correction before the price have the next momentum to go up further. Support at 0.585, upside unlimited, NTA1.40, PE8.4, worth it or not judge by your ownself.
Super888, look at the overall bursa volume today, volume reduce compared to last week, I think investor take precaution as FBMKLCI surge a lot recently, and it need correction first. 1Q16, TA inccured losses, however overall trading volume increase gradually from Jan17 till now, TA securities will benefit from it. Beside, hotels refurbishment have completed last year, Trump hotel in Vancouver opened last month, will sustain TA share price. Profit taking is a must before the price continue to trade higher & higher.
Interesting fundamental fact about TA, sharing by Intellecpoint.com
Alibaba is also going big into consumer credit (micro) businesses - through AliPay. Jack Ma knows that he cannot buy a bank as it is not possible regulations wise. He hence looks out for companies that provide transaction services. In Malaysia, some of these companies holds credit lending license - and TA is one of them. TA is in fact ideal as it has the strong credit standing, reach and perhaps the owners are now more keen on doing properties than credit and stockbroking.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
singh1
1,008 posts
Posted by singh1 > 2017-03-07 18:18 | Report Abuse
And sometime see stone as gold? He He He.